While Walmart can Boast that it is increasing its minimum wage to $11 dollars an hour because of President Trump's tax cut. Walmart had already increased its minimum wage to $10 dollars an hour without it. A $1 dollar increase really does not seem so big, considering how much in taxes they will save.

Walmart boosts minimum wage to $11, hands out bonuses up to $1,000 for hourly workers

Walmart is boosting the minimum hourly wage for its U.S. employees to $11 and dishing out bonuses of up to $1,000, crediting President Trump's tax cut for enabling the move. The increase for the nation's largest private employer also comes amid political pressure to bolster minimum wages.

From article, (Walmart is boosting the minimum hourly wage for its U.S. employees to $11 and dishing out bonuses of up to $1,000, crediting President Trump's tax cut for enabling the move.

The increase for the nation's largest private employer also comes amid political pressure to bolster minimum wages and comes amid a hot streak for the retailer.

The big-box store chain, which has more than 1 million U.S. hourly employees, will reap a windfall from the U.S. corporate tax rate cut from 35% to 21%.

 "Wal-Mart would have had to go to at least $11 in many markets in order to retain reliable employees," said University of Michigan business professor Erik Gordon. "The tax cut made it easier for the company to swallow."

But, Gordon said, the move indicates that "the corporate tax cut's touted trickle-down effects that were met with skepticism by critics may be happening."
 The minimum wage increase comes about a year after Walmart hiked hourly pay to at least $10 for most workers.
Twelve states already have minimum wages of at least $10, according to the Economic Policy Institute.

The wage increase comes as Walmart is on a roll. While many traditional retailers have been struggling to keep up with online behemoth Amazon, Walmart has fared better. Walmart's online business is surging.)

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Me, "While Walmart can Boast that it is increasing its minimum wage to $11 dollars an hour because of President Trump's tax cut. Walmart had already increased its minimum wage to $10 dollars an hour without it. A $1 dollar increase really does not seem so big. Bringing it up to $15 dollars would have impressed me."